Analysis of Corporate Dividend Declaration of Telecom Firms in India

Dhingra, Kanika

doi:10.5958/2321-5828.2019.00149.9

Rese Jour Human. and Soci. Scien.

2019

DOI: 10.5958/2321-5828.2019.00149.9

|View full text |Cite

Analysis of Corporate Dividend Declaration of Telecom Firms in India

Kanika Dhingra¹

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2022

Publication Types

Select...

Article1

Relationship

Self Cite0

Independent1

Authors

Journals

Cited by 1 publication

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

The role of Business Group Affiliation on the Determination of Firm's Dividend Policy Decisions: Evidence from India

Labhane

2022

AJM

View full text Add to dashboard Cite

This research article examines the role of business group affiliation on the determination of firm’s dividend policy decisions (i.e. dividend payment decision and dividend payout level decision) for 703 National Stock Exchange (NSE) listed Indian firms during 1995-2018. In order to analyze the dividend payment decision (i.e. whether to distribute or not to distribute dividend?) a dichotomous logit regression analysis is utilized on the other hand, for the purpose of analyzing the dividend payout-level decision (i.e. how much amount of dividend to be distributed out of total earnings?) a tobit or censored regression analysis is utilized. The study finds from the comparative analysis that the dividend payout ratios of firms affiliated with the business groups are higher than that of unaffiliated firms (i.e. standalone firms). The econometric analysis indicates that the firms’ affiliation with the business groups have a direct association with the likelihood of firms paying dividends. The firms affiliated with the business groups are more likely to distribute dividends and their dividend payout levels are higher than the unaffiliated firms (i.e. standalone firms). The dividend policy decisions of business group affiliated firms are less sensitive to size, profitability, investment opportunities, financial leverage and firm’s life-cycle stage on the other hand, they are more sensitive to free cash flow and business risk.

show abstract

The role of Business Group Affiliation on the Determination of Firm's Dividend Policy Decisions: Evidence from India

Labhane

2022

AJM

View full text Add to dashboard Cite

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

Analysis of Corporate Dividend Declaration of Telecom Firms in India

Cited by 1 publication

References 0 publications

The role of Business Group Affiliation on the Determination of Firm's Dividend Policy Decisions: Evidence from India

The role of Business Group Affiliation on the Determination of Firm's Dividend Policy Decisions: Evidence from India

Contact Info

Product

Resources

About